ReAPS Asset Management Limited, a wholly owned subsidiary of APS Bank and investment manager of the APS Funds range, reported encouraging performance across the suite of Funds for the year ended 31 December 2025, demonstrating the benefits of disciplined asset allocation and active management in a varied market environment.
The APS Ethical Adventurous Fund* delivered a return of 16.31%, reflecting its higher allocation to global equities and growth-oriented assets, supported by selective exposure to companies aligned with sustainable business practices and strong governance standards.
The APS Ethical Balanced Fund* achieved a return of 7.62%, benefiting from diversified exposure across equities and fixed income instruments, while the APS Ethical Cautious Fund* recorded a gain of 4.88%, consistent with its focus on capital preservation and lower volatility.
Within fixed income, the APS Diversified Bond Fund* posted a positive return of 0.77%, reflecting prudent interest rate and credit risk management. The APS Income Fund*, structured as a prescribed fund, delivered a return of 1.46%, supported by income from Maltese bonds and dividend-paying local equities.
Josef Portelli, Head of Investment Management at APS Bank and Managing Director of ReAPS Asset Management Limited, commented: “These results reflect our continued commitment to responsible investing, diversification and robust risk management. Across ethical, bond and income strategies, the Funds delivered their objectives while navigating differing market conditions.”
*The quoted performance figures relate to Accumulator Share classes and refer to period between 1 January and 31 December 2025.
This is a marketing communication. The information contained in this document is intended to be of general interest only and should not be considered as an offer, investment advice or solicitation to deal in the shares of any of the Funds. Subscriptions to shares in any of the Funds can only be made on the basis of the relative Fund’s Prospectus, Offering Supplement and the Key Investor Information Document which may be obtained free of charge from APS Bank plc, any of its branches and other licensed investment intermediaries, or www.apsbank.com.mt/funds/. Investors should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.
Funds are actively managed and not managed by reference to any index. The value of the investment may fall as well as rise and currency fluctuations may also affect the value of the investment. You may lose some or all of the money you invest. Past performance is not a guarantee of future performance. Income and frequency of payments are not guaranteed. Any initial charges and any exit fees that may apply may lower the amount invested and the amount received upon redemption. There are additional risks involved with this type of investment, which are described in the Fund’s Prospectus, Offering Supplement and Key Information Document and should be read before investing.
The Funds are a sub-fund of APS Funds SICAV p.l.c. and are licensed as a Collective Investment Scheme by the Malta Financial Services Authority under the Investment Services Act. Funds qualify as a ‘Maltese UCITS’. APS Funds SICAV plc is managed by ReAPS Asset Management Limited a subsidiary of APS Bank plc. APS Funds SICAV plc is distributed by APS Bank plc which is licensed to provide Investment Services in Malta by the Malta Financial Services Authority under the Investment Services Act 1994.
This is a marketing communication approved and issued by APS Bank plc, APS Centre, Tower Street, Birkirkara BKR 4012, Malta.
